EFCC arrests suspected bank fraudsters

EFCC logo

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a syndicate of scammers for attempting to defraud Enterprise Bank Plc.

Ola Lawal, Olumide Kayode and Abass Adekunle were arrested following a botched attempt to compromise the bank’s system and steal depositors’ funds using an electronic device known as Keelog Key Grabber.

The trio’s arrest was made possible by an insider who revealed to the bank’s management that some fraudsters were planning to gain access to its network, using a device called Keelog Key Grabber.

Investigations showed that, a staff of the bank, Owolabi Agboola was contacted by one of the suspected fraudsters, who proposed a business arrangement to him on how to hack into the system of the bank. Agboola subsequently informed management of the bank and he was instructed to play along with the fraudster.

In the arrangement, an electronic device called keelog Key Grabber would be used to harvest passwords of some of the key operation staff of the bank. The grabber was meant to be plugged into the computer system of the Head of Operation of a particular branch, to retrieve information technology configuration settings from the computer system and pave the way for the fraudsters to move customers’ funds out of the bank.

Lawal was arrested while trying to hand over the Keelog Key Grabber to Agboola. His arrest led to the arrest of two other suspects: Olumide Kayode Maborukoje and Abass Ajibade. Items recovered from them include: a keylogger, a laptop, a router, a modem, sim cards, USB keyhole log with a template of keylogger and a jotter containing some account numbers which they intended to use for the fraud.

The suspects would be charged to court as soon as investigation is concluded.

Wilson Uwujaren
Head, Media & Publicity
31st August, 2014


DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: Revealed!!! The Only Way Left of Getting an Extra Large Manhood and also Last Up to 38Mins+. Get the Insider Secret Here


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


  • amazing2012

    The picture you display is not the EFCC boss please.

  • Stephanie

    Awesome. Agboola is a good guy